Forest and Resources EconomicsB
| Numbering Code | G-AGR06 7FA84 LB43 | Year/Term | 2022 ・ Second semester | |
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| Number of Credits | 2 | Course Type | Lecture | |
| Target Year | Target Student | |||
| Language | English | Day/Period | Wed.2 | |
| Instructor name | MITANI YOUHEI (Graduate School of Agriculture Associate Professor) | |||
| Outline and Purpose of the Course |
Forest and resource economics is a broad field of study that can address the decision-making associated with all aspects of forest management. This course covers a broad issue that is related to forest and economics. One objective of this course is to learn how we can use economics to understand forest-related issues and provide answers to the questions. Another objective is to learn economics methods used in the analysis of environmental issue, including experimental economics, econometrics, meta-analysis, benefit-cost analysis, and impact evaluation. We cover the following empirical topics such as payment for ecosystem services, deforestation, biodiversity conservation, forestry management, and non-industrial private forest. This course aims to provide you with opportunities to share and develop your research idea, improve your academic skills, and work on a collaborative group project. Through a series of lectures and exercises, you get an overview of research methods in applied economic (including writing literature review and research proposals) and important lessons in forest management and conservation. |
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| Course Goals |
(1) To get an overview of some recent analytical developments in the economic analysis of environmental issues, such as discrete choice modeling, laboratory experiments, meta-analysis, and impact evaluation. (2) To get an overview of a behavioral economics approach to understanding ecosystem service supper’s behavior. (3) To develop your research idea and write a research proposal with literature review. |
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| Schedule and Contents |
This course consists of lectures, class discussion, and take-home exercises. The lectures provide an overview of background and basis of the story, methodological remarks, and reviews of the previous findings. The classroom activities and take-home exercises help better understanding of the issues. We also cover several case studies to help better understand of the issues. The exercises provide opportunities to follow and/or summarize research procedures. The lecture plan: Week 1: Introduction Week 2-3: Payment for ecosystem services and charitable giving Week 4-5: Social dilemma and commons management Week 6-7: Non-industrial private forestland Week 8-9: Private land conservation and incentive programs Week 10-11: Mechanism design for forest conservation Week 12-13: Impact evaluation and policy evaluation Week 14: Writing literature review in economics The last week: Feedback The detailed syllabus will be provided on the first day of the course. |
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| Evaluation Methods and Policy | Grades will depend on participation (10%), take-home assignments (50%), and an individual project on writing your research proposal with literature review (40%). Class participation is strongly recommended. My grading policy follows the department guidelines current year's“Guide to Degree Programs.” The detailed grading policy will be announced on the first day of the course. | |||
| Course Requirements | Intermediate Econometrics and Microeconomics (preferred). If you have any questions, you can reach me by email at yomitani at gmail.com. | |||
| Study outside of Class (preparation and review) | This course involves take-home assignments including a term paper (research proposal with literature review). The detailed information will be announced on the first day of the course. | |||
| Textbooks | Textbooks/References | There is no textbook. The reading list will be provided on the first day of the course. | ||
| References, etc. | There is no textbook. The reading list will be provided on the first day of the course. | |||
